TradeWaves-EWA

🚀Ethereum (ETHUSDT): the third wave of the ending diagonal.

LĂ„ng
BINANCE:ETHUSDT   Ethereum / TetherUS
●● Preferred count
● Ethereum / TetherUS (BINANCE), 🕐TF: 1D
Fig.1

It is assumed that the primary wave â‘€ will take the form of a large ending diagonal, subdivided into zigzags (1)-(2)-(3)-(4)-(5). Within the framework of the model, sub-waves (1) and (2) are formed, wave (3) is expected to develop.

The minimum target for (3) is to exceed the wavelength of (2).
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● Ethereum / TetherUS (BINANCE), 🕐TF: 8h
Fig.2

The ascending wave marked as A of (3) can be interpreted as an impulse, the subsequent correction of B as a completed double zigzag ⓩ-ⓧ-⓹. If our calculation is correct, then we are at an early stage of the development of the ascending five-wave C. The formed waves ((i))-((ii)) with the breakdown of the 0-ⓧ line will serve as an additional signal in favor of this hypothesis.

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●● Alternative count
● Ethereum / TetherUS (BINANCE), 🕐TF: 1D
Fig.3

Complicating the structure of wave (2) to a double zigzag is the first thing we should be ready for. Wave X can take the form of any corrective figure, but based on the fact that the first wave in the model, designated ⓐ, is interpreted as an impulse, at the current stage a bet is placed on the formation of X by the type of a single zigzag.

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● Ethereum / TetherUS (BINANCE), 🕐TF: 1D
Fig.4

The second variant of alternative labeling returns us to the previously preferred scenario, in the context of which wave (2) unfolds an expanded A-B-C flat with a diagonal at the end.

Provided the diagonal is completed, this calculation option can be designated as the preferred scenario.

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